• Date

    04 Oct 2021
  • Category

    Advisory

Better Gift Aid

Gift Aid allows a charity or Community Amateur Sports Club (CASC) to claim extra money from HMRC on top of a donation received from an individual.

Providing the individual is a UK taxpayer and has paid sufficient tax, the charity or CASC can claim an extra 25p for every £1 donated. This means that when an individual donates £100 to a charity instead of simply receiving income of £100, the charity will receive £125.

This can significantly boost the total value of donations received over a year. Maximising Gift Aid can produce a vital source of extra funding.

Educating staff and volunteers who interact with donors can boost claims. Proactively following up with donors where authority to Gift Aid is not given or where information is missing can also increase the amount to be claimed.

Charities are normally aware that they can claim Gift Aid on cash donations but sometimes miss other sources.

Download issue two of our 'Revive, Refocus, Rebuild – The journey back to better' guide here to find out more.

Would you like to know more?

If you have any queries regarding what we cover in our guide, please get in touch with your usual contact or email charities@azets.co.uk.

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